QRS GLOBAL

QRS Global (operating as QRSFX) is a retail forex and CFD broker founded on 16 November 2020 and registered in Australia. The broker targets a global clientele, with a website primarily in Thai, indicating a focus on the Thai market. It offers high-leverage trading across forex, commodities, and CFDs via the MetaTrader 5 platform. The company claims a global presence with representative offices in several countries, though its registered address is listed in Comoros.

According to FXCanary's verified records, QRS Global is regulated by two authorities: the Financial Crimes Enforcement Network (FinCEN) in the United States as a Money Services Business (MSB), and the Financial Markets Authority (FMA) in New Zealand under an Institutional Forex Execution (STP) licence. Both are listed as 'Regulated' in our database. The broker's website additionally claims registration with the UK's FCA, but this has not been independently confirmed and appears inconsistent with the official register. Traders should note that FinCEN MSB registration does not cover retail forex trading, and the FMA STP licence is for institutional services, which raises questions about the level of client protection.

QRS Global structures its accounts into four tiers: PRO, STANDARD, FREEDOM, and CENT. The PRO account requires a minimum deposit of $1,000 and is likely aimed at active or professional traders. The STANDARD and FREEDOM accounts both start at $5, suggesting a very low barrier to entry, while the CENT account is denominated in cents, designed for beginners and micro-trading. All accounts offer a maximum leverage of 1:1000, which is extremely high and can amplify both gains and losses. No information is provided on spreads or commissions per account type.

The broker exclusively promotes MetaTrader 5 (MT5), a popular multi-asset platform known for its advanced charting tools, algorithmic trading capabilities, and economic calendar. QRS Global lists forex pairs, commodities (such as gold and oil), stock CFDs, and indices as available instruments. The platform supports automated trading via Expert Advisors (EAs), which the broker highlights as a key feature. The absence of a proprietary platform or MT4 may limit options for some traders.

QRS Global offers multiple funding options including bank transfers, cryptocurrency (USDT), and QR code payments, with no fees on deposits. Withdrawals are processed daily, even on weekends, and are secured by two-factor authentication. The broker provides 24/7 customer support in English and Thai, with a dedicated Thai-speaking team. However, the company's physical presence in Thailand is unclear, and the registered address in Comoros may raise concerns about jurisdictional oversight.

QRS Global appears to target both novice and experienced traders, especially in Southeast Asia, given its Thai-language marketing. The low minimum deposits and high leverage appeal to those with limited capital seeking quick returns. However, the extreme leverage and regulatory patchwork make it unsuitable for risk-averse investors. The broker's high risk score (25/100, Guarded) reflects these concerns, and we recommend that traders obtain independent legal and financial advice before engaging.